Thanks. Although it would have to have had originally very very very wide margins, but that's a plausible explanation. And usually trimmed stamps are trimmed very poorly but this looks too straight cut to he that.
With the US American Bank Notes from about the same time, we (also) see marginal / corner margin copies with jumbo margins created by bad perforation. These were often cut down into (supposedly) convincing imperf singles early on, there was little interest in jumbos that weren't well-centered.
ericjackson saw it first, but humor me/us and put a perf 12 gauge on the right side starting with the tiny notch nearest the lower right corner. I would think the little dips above it would correspond to perf 12.
And even trimming that off leaving a imperf-looking stamp wouldn't be convincing. Hawaii has been heavily studied and if this value isn't listed as a proof or imperf, it almost certainly never existed.
The corner margin examples of this issue can come with huge margins at top (or bottom) and at right (or left). All you need is misaligned perforations at the opposite side and you have a trimmable stamp. "Jumbos" on this issue are not rare.
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